Category Archives: Corporate Law

Kiwi Surprise: D&O Insurance Defense Cost Protection Unavailable When Prospective Claims Exceed Policy Limits

Posted on November 7, 2011 by admin

One of the primary purposes for which policyholders purchase D&O insurance is to provide directors and officers with defense cost protection in the event claims are made against them. However, a September 15, 2011 decision by a justice of the … Continue reading →

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Typical audit fees during 2009 were approximately one-tenth of total legal fees

Posted on October 30, 2011 by admin

The NY Times, Oct. 28, 2011 at B2, reports that in 2009 audit fees averaged $569,000 per billion dollars of revenue. For U.S. companies that year, what they spent on their law department and outside counsel averaged something like $5… … Continue reading →

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Cottage Industrialist, a founder or top executive of a leading vendor to law departments: Ladan Behnia of Mitratech (Part 3 of a series)

Posted on October 24, 2011 by admin

Here is the latest backgrounder on a leading matter management system's founder. I asked these "cottage industrialists" to give some idea about the start of the company, some metrics about the current company, and an usual use of their software…. … Continue reading →

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No cross-talking

Posted on October 21, 2011 by admin

Apparently the various groups of potential bidders (strategics and private equity) for Yahoo! are balking at signing the NDA Yahoo! has offered up to them. According to Reuters, what's causing the consternation is the "no cross-talk" provision that permits potential… … Continue reading →

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